Umpqua Holdings Corp (UMPQ) Misses Q1 EPS by 2c

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Go back to Umpqua Holdings Corp (UMPQ) Misses Q1 EPS by 2c

Umpqua Reports First Quarter 2015 Results

April 15, 2015 4:15 PM EDT

Operating earnings1 of $56.4 million, or $0.26 per share
Loan and lease (gross of sales) growth of $294 million, or 8% annualized
Deposit growth of $330 million, or 8% annualized
Core system conversion completed April 2015

PORTLAND, Ore.--(BUSINESS WIRE)-- Umpqua Holdings Corporation (NASDAQ: UMPQ) (the Company) reported net earnings available to common shareholders of $47.0 million for the first quarter of 2015, as compared to $52.4 million for the fourth quarter of 2014 and $18.5 million for the first quarter of 2014. Earnings per diluted common share were $0.21 for the first quarter of 2015, as... More